How much does it cost to rent in Paris, KY?

As of July 2026, the median monthly rent in Paris, KY is $1,023. This figure is based on aggregated data from public sources and community-submitted rents.

Is Paris cheaper than other Kentucky cities?

Paris is among the more affordable cities in Kentucky, ranking #35 out of 39 cities at $1,023/mo.

When was Paris rent data last updated?

Paris rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · KY

Paris

Name: Average Rent Prices in Paris, KY
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 10,160·35th most expensive in Kentucky·Rents have been falling, good time to negotiate

Median rent (all units)

$1,023/mo

Year-over-Year

Stable

Month-over-Month

-6.7%

vs US Median

-$942

Falling (Monthly)

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Most AffordableMost Expensive

Paris · $1,023

More affordable than 97% of US cities · National median $1,965/mo

Affordability

22% of income

VERY AFFORDABLE

0%30% benchmark60%+

At $1,023/mo, rent takes about 22% of the local median household income, comfortably within the 30% benchmark.

Income to afford

$41,000/yr

Local median income

$55,839/yr

Based on the 30%-of-income rule using Paris's median rent and household income. See the full affordability breakdown →

Medians by bedroom

Rent by unit size

Studio

$730

1 BR

$890

2 BR

$1,060

3 BR

$1,440

4 BR+

$1,630

Research median

$1,060/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost

$12,276/yr

At $1,023/mo median

Rent Market Meter

Strong Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.

Based on rent-price momentum (+0.0% YoY, -6.7% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Paris, KY is roughly split between renters and owners, has a median income below the national average, 25% of residents hold a bachelor's degree or higher.

Population

10,160

Median income

$55,839

Median age

37.8

Renters

45.9%

Age distribution

23.8%

22.6%

13.8%

17.1%

Under 1823.8%

18–3422.6%

35–5422.6%

55–6413.8%

65+17.1%

Gender

51%

49%

Male51%

Female49%

Race & ethnicity

81.3%

White81.3%

Black8.6%

Hispanic6.2%

Other3.7%

Education (25+)

13%

33.4%

28.5%

25%

No HS diploma13%

HS diploma33.4%

Some college28.5%

Bachelor's+25%

Housing tenure

54.1%

45.9%

Owner54.1%

Renter45.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Paris, KY has changed in 5 years

Income

$45,427 → $55,839

up 22.9%

Population

10,202 → 10,160

down 0.4%

Renter share

41.8% → 45.9%

+4.1 pts

Bachelor's+

21.4% → 25%

+3.6 pts

Median age

36.7 → 37.8

+1.1 yrs

Median household income grew from $45,427 to $55,839 between 2021 and 2024, a 22.9% shift. About 45.9% of households rent today, against 41.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 21.4% to 25%.

Community

Discussions about Paris

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View Paris rent history (2015–2026) →

Salary vs rent

Can you afford rent in Paris on your salary?

At $1,023/mo, how Paris rent compares to typical pay (30% rule).

Registered Nurse

Avg $83,142/yr · Rent = 14.8% income

very comfortable

Elementary School Teacher

Avg $59,030/yr · Rent = 20.8% income

affordable

Police Officer

Avg $67,998/yr · Rent = 18.1% income

very comfortable

Software Developer

Avg $121,537/yr · Rent = 10.1% income

very comfortable

Lawyer

Avg $155,294/yr · Rent = 7.9% income

very comfortable

Firefighter

Avg $55,273/yr · Rent = 22.2% income

affordable

Truck Driver

Avg $49,905/yr · Rent = 24.6% income

affordable

Electrician

Avg $61,512/yr · Rent = 20% income

very comfortable

By apartment size

Paris rent by bedroom count

Median rent for each apartment size in Paris. Click any size for full breakdown.

Local insights

Tips for renters in Paris

About renting in Paris, KY

Last updated: July 20, 2026

The median rent in Paris is $1,023/mo as of July 2026. A studio apartment averages $730/mo while a 2-bedroom runs $1,060/mo. One-bedroom apartments average $890/mo and 3-bedroom units go for $1,440/mo.

At 22% of local median household income ($55,839/yr), Paris ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Paris an affordable city for renters?

Paris is considered very affordable for renters. At $1,023/mo, rent takes approximately 22% of the local median household income ($55,839/yr). The standard benchmark is 30%. Paris falls comfortably within that range.

How much income do you need to rent in Paris?

To keep rent at or below 30% of gross income, you would need to earn at least $41,000/year (~$20/hour full-time) to afford the median rent of $1,023/mo in Paris. The local median household income is $55,839/yr, meaning the typical Paris household meets that threshold.

Is rent going up or down in Paris?

Rent in Paris has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Paris rent compare to other cities in Kentucky?

Paris is one of the more affordable cities in Kentucky for rent, ranking #35 out of 39 tracked cities at $1,023/mo.

What percentage of Paris residents rent vs. own?

According to Census data, approximately 45.9% of Paris households are renters, while 54.1% are owner-occupied. Paris leans toward homeownership, which can mean a smaller rental inventory.